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Feb 21, 2013
02/13
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the discretionary part of the u.s. budge set skewed toward military spending and even though the iraq war is over and afghanistan is winding down, the defense department has not turned its back. judging by what they plan on going after in order to do so, 800,000 civilian jobs instead of huge overhead meant to fight the soviet union, japan and, germany, no matter that my old pal and partner, larry kudlow has a terrific piece on cnbc.com today, which points out the entire harm from the sequester this year might come to $44 million, and that's just a quarter of 1% of our gdp. my worries is that the fed will take notice and not do the wrong thing if we go over the sequestration cliff. we thank the conclusion of the payroll tax holiday, and the rising gas prices are weighing on the consumer. does d the fed see that this coming last month when things were rosier. is this when they bail on plans to help the economy and start hurting it? the fed chief is sticking by 6.5% unemployment goal. that's still a percent before the gre
the discretionary part of the u.s. budge set skewed toward military spending and even though the iraq war is over and afghanistan is winding down, the defense department has not turned its back. judging by what they plan on going after in order to do so, 800,000 civilian jobs instead of huge overhead meant to fight the soviet union, japan and, germany, no matter that my old pal and partner, larry kudlow has a terrific piece on cnbc.com today, which points out the entire harm from the sequester...
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Feb 13, 2013
02/13
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biggest farm quick maker, farmers are gearing up to plant the biggest corn crop in u.s. history following the worst drought in the middle west in 56 years. but the stock of deere down at 91.12. simon? >> tyler, let's move over to housing. applications for mortages dropped. that's because interest rates are rising. rising for the fourth week in a row. despite one already hot part of the housing market just keeps gaining steam. an for reasons that you might not immediately guess, diana joins us for more on that in washington. diana? >> simon, as the housing market recovers, we should see more renters turn into buyers but that hasn't been the case and one major reason is women and a huge change in their relationships with men. what am i talking about? okay, listen, ten years ago, the number of men and women in college was about the same. today, there are 4 million more college educated women than men in college and in the work force and the disparity is just getting wider. >> now you've got this massive 4 million-person gap and what we find is, unfortunately, it is created
biggest farm quick maker, farmers are gearing up to plant the biggest corn crop in u.s. history following the worst drought in the middle west in 56 years. but the stock of deere down at 91.12. simon? >> tyler, let's move over to housing. applications for mortages dropped. that's because interest rates are rising. rising for the fourth week in a row. despite one already hot part of the housing market just keeps gaining steam. an for reasons that you might not immediately guess, diana...
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Feb 19, 2013
02/13
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according to u.s. macizations activity is double what it was the same period last year and the second highest year-to-date total ever, second only to the year 2000. maria. >> thank you so much. kayla. not just retail. investors seeing a pickup in m & a action. warren buffett entered the ring with the buyout of heinz. peter weinberg joins us now. peter, nice to have you on the program. >> thank you, maria. your firm did the nyc ice deal, a number of other deals. advisory business has been incredibly busy. what's behind the new string of deals. >> i think the whole street is busy. all of the m & a departments, here and in left-hand op, are burning the midnight oil. there's some of the old chestnuts we we've had for years frankly. lots of cash. good capital structures, low interest rates so all of that -- nothing has changed with respect to that. what has headached is the market's receptivity to deals. i think it's interesting that the berkshire hathaway stock went up. the comcast stock went up upon their
according to u.s. macizations activity is double what it was the same period last year and the second highest year-to-date total ever, second only to the year 2000. maria. >> thank you so much. kayla. not just retail. investors seeing a pickup in m & a action. warren buffett entered the ring with the buyout of heinz. peter weinberg joins us now. peter, nice to have you on the program. >> thank you, maria. your firm did the nyc ice deal, a number of other deals. advisory business...
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Feb 19, 2013
02/13
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the u.s. stock market is the best place to put money right now. that's a positive feedback loop that's helping. you want to see a positive? this is the market, the bottom of november. this is total stock market. vanguard's total stock market. u.s., all of it. this is the total bond market. you're up 13% since november. total bond markets down 2 or 3%. that's a positive feed back loop. that will break someday. that's not going to continue forever. for the moment nothing is changing it. what would. homeowners index surprising. if you look at the numbers, traffic was lighter than anticipated. it was supposed to be home. we saw home building stocks like len ar, they are looking a little topy. look at lennar, they have been looking a little topy. that's what i mean. the market doesn't seem to be worried. it wasn't worried last week. i thought walmart, the leak from walmart saying higher taxes were hurting walmart. it hurt walmart, certainly, look at that but hasn't stopped overall market. that's th
the u.s. stock market is the best place to put money right now. that's a positive feedback loop that's helping. you want to see a positive? this is the market, the bottom of november. this is total stock market. vanguard's total stock market. u.s., all of it. this is the total bond market. you're up 13% since november. total bond markets down 2 or 3%. that's a positive feed back loop. that will break someday. that's not going to continue forever. for the moment nothing is changing it. what...
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Feb 5, 2013
02/13
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but i think the u.s. economy is much bigger, and the u.s. economy is much more relevant. >> i'm not sure actually the european equities have outperformed. i'm not totally sure about that, todd. mark, just before we let you go, do we worry about europe or basically take it off the agenda? >> no, i'm not prepared to take it off the agenda at all. i think it's been remarkably quiet on that front. but the gain was clearly last july when mario draghi said whatever it takes. recently he's said positive contagion is occurring across the euro area. we're bullish on european equities, but not taking our eye off the ball. >> guys, thank you very much for your time. martin there, and todd. >> thank you. >> let's get to shares of yum brands. shares trading sharply lower this morning. fourth-quarter earnings did beat by a penny, but man, the same-store sales in china, fastest growing market, down 6%. fresh off the conference call. a neutral lowered price target from 69 to 63. david, welcome back. >> good morning. >> you had outlined prior to the quarter
but i think the u.s. economy is much bigger, and the u.s. economy is much more relevant. >> i'm not sure actually the european equities have outperformed. i'm not totally sure about that, todd. mark, just before we let you go, do we worry about europe or basically take it off the agenda? >> no, i'm not prepared to take it off the agenda at all. i think it's been remarkably quiet on that front. but the gain was clearly last july when mario draghi said whatever it takes. recently he's...
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Feb 6, 2013
02/13
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u.s. futures -- yelp. u.s. futures showing modest positives, barely if you take into account the dow adding literally one point. the nasdaq andipeis roughly unchange -- and s&p roughly unchanged. wiped out the losses from monday. we're looking at key levels. less than 80 points away from 14,000 on the dow. 1,-506 for the s&p. >>> the nikkei having a great run. up 3.77%. the yen is down at 33-month lows against the dollar and the euro. we sat down earlier than he was planning to meaning the monetary policy will start earlier, as well. interesting that there was chatter in the market yesterday. it took until today to be an excuse for the market to move higher. that yen and the nikkei link continues unabated essentially. that's where we stand ahead of the u.s. open. >>> let's remind you what some of the guests already today have told us about what you should do with your money. >> there's very lid out there in the spanish market which doesn't have an alignment roughly with where value is now. it's not a market tha
u.s. futures -- yelp. u.s. futures showing modest positives, barely if you take into account the dow adding literally one point. the nasdaq andipeis roughly unchange -- and s&p roughly unchanged. wiped out the losses from monday. we're looking at key levels. less than 80 points away from 14,000 on the dow. 1,-506 for the s&p. >>> the nikkei having a great run. up 3.77%. the yen is down at 33-month lows against the dollar and the euro. we sat down earlier than he was planning to...
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Feb 28, 2013
02/13
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what they have to do is take the u.s. playbook, as they call it, and take it to the international markets can, which is not just one market. europe is big, uk within that is a big market. they have to take a lot of the technology from the u.s. internationally and as they do that, international should start to turn a profit. it lost money for the second quarter in a row in the fourth quarter. it was profitable earlier but i think that changed to where its profitability is in the second quarter. >> trying to draw merchants in and participate, i assume you're sensing some hesitancy by merchants to play. is that also in the process of turning it around? >> i think their strategy is to upgrade the merchant quality. so in doing that they are going to find some merchants that haven't tried groupon who might be willing to try it. i think groupon's strategy is, let's give more merchants a try and some merchants that are maybe more national and with product that had more clout, that's where they are going which, again, long term is
what they have to do is take the u.s. playbook, as they call it, and take it to the international markets can, which is not just one market. europe is big, uk within that is a big market. they have to take a lot of the technology from the u.s. internationally and as they do that, international should start to turn a profit. it lost money for the second quarter in a row in the fourth quarter. it was profitable earlier but i think that changed to where its profitability is in the second quarter....
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Feb 22, 2013
02/13
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>> yeah, i think that the u.s. situation is actually easier to be more relaxed about than the overseas one. although the overseas one is where the value is. so let's deal with the u.s. first. i do think that the -- i mean, let's understand what we're talking about growth. simon, you and i have had this conversation. i think we're talking about small amounts of growth. but i do believe that in the last quarter of last year, the first quarter of this year, you're going to see the slowest period in u.s. growth and you won't see the u.s. go into recession. outside of the u.s., you've had some very, very stimulative measures in japan, and there is a -- because that market has been the real winner, particularly if you haven't known the yen, the nikkei has been on fire. i think there's a lot of expectation for growth coming through in japan. and that really needs to be fulfilled in order for japan to go much higher. and finally, you've got china. i think that's probably where the biggest change is occurring, because there
>> yeah, i think that the u.s. situation is actually easier to be more relaxed about than the overseas one. although the overseas one is where the value is. so let's deal with the u.s. first. i do think that the -- i mean, let's understand what we're talking about growth. simon, you and i have had this conversation. i think we're talking about small amounts of growth. but i do believe that in the last quarter of last year, the first quarter of this year, you're going to see the slowest...
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Feb 16, 2013
02/13
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the affidavit also revealed a detective found dorner's wallet and identification cards near the u.s./mexico border and recent descriptions of someone matching dorner's description attempting to flee from mexico. not far from the border, a moment of hope. a possible dorner sighting, but that phoned in tip turned out to be a hoax, another deadend. >> somebody says, hey, i sighted dorner here, i sighted dorner there, you have to run those leading out. you have to make sure you dot all the eyes and cross all the t's, because you have a cold blooded killer out there. >> by now the relentless investigation had reached las vegas where dorner's house was searched. day three and la palma became another stop on the manhunt to search the home of dorner's mother. >> they're going to check out his friends, his family, acquaint enss, anybody at all who he may have had contact with in the last year, to find out, okay, have you had any contact with this guy? has he been using any kind of credit cards, atm card? has he been texting, twittering, on facebook, e-mails? >> day four, still no sign. big be
the affidavit also revealed a detective found dorner's wallet and identification cards near the u.s./mexico border and recent descriptions of someone matching dorner's description attempting to flee from mexico. not far from the border, a moment of hope. a possible dorner sighting, but that phoned in tip turned out to be a hoax, another deadend. >> somebody says, hey, i sighted dorner here, i sighted dorner there, you have to run those leading out. you have to make sure you dot all the...
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Feb 11, 2013
02/13
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he also served two tours with the u.s. marine corps in kuwait. he was 34 years old. he leaves behind a wife and two children. >> so sad. you've been working this for days. we'll talk to you soon. coming up, we'll speak with the mayor. e. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on his portfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... managing wireless costs and technology and more time driving your business potential. looks like we're going to need to order more agaves... ah! oh! ow! ... and more bandages. that's powerful. shareable data plus unlimited talk and text. now save $50 on a droid razr maxx hd by motorola. we a
he also served two tours with the u.s. marine corps in kuwait. he was 34 years old. he leaves behind a wife and two children. >> so sad. you've been working this for days. we'll talk to you soon. coming up, we'll speak with the mayor. e. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on his portfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science....
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Feb 14, 2013
02/13
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so u.s. authorities have burned someone to death in a cabin and let it burn through the basement so no body is left. another says, come on, how is dorner's body burned bond recognition? but they found his license he just so happened to be carrying? i think dorner killed someone and left their body in that fire. others blasted the police. >> we're going to go forward with the plan with the burn. >> reporter: blaming them for the cabin fire. lapd was prosecutor, judge, jury and executioner yesterday. they burned him alive. apparently burning people alive is considered appropriate behavior for the police. from the very beginning, dorner found plenty of sympathizers. >> i just want to start off by saying i perfectly support 100% what christopher dorner is doing. >> i read this manifesto and i basically believe him. >> reporter: on facebook, more than 18,000 likes for a page titled "we stand with christopher dorner." "this was a necessary evil. god bless you, sir." >> please like anti-heroes and w
so u.s. authorities have burned someone to death in a cabin and let it burn through the basement so no body is left. another says, come on, how is dorner's body burned bond recognition? but they found his license he just so happened to be carrying? i think dorner killed someone and left their body in that fire. others blasted the police. >> we're going to go forward with the plan with the burn. >> reporter: blaming them for the cabin fire. lapd was prosecutor, judge, jury and...
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Feb 11, 2013
02/13
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he also served two tours with the u.s. marine corps in kuwait. he was 34 years old. he leaves behind a wife and two children, brianna. >> so sad, casey. you've been working this for days. we know you'll bring us details in the coming days as well as everyone wants to see how this is resolved and, of course, that dorner is caught. >>> coming up be we speak with the mayor of hattiesburg, mississippi. >>> yeah. oh, my god, i've never seen a tornado before in my life. >> this is hattiesburg, mississippi 5:00 central time. 6:00 eastern this evening. it is the moment an enormous tornado suddenly struck the town and also the campus of the university of southern mississippi. cars flipped over, buildings heavily damaged. but by a stroke of good lug, very good luck, the campus is virtually desserted this weekend because the students are off for a school holiday. at least three people were injured by this huge tornado and now joining me on the phone, the mayor of hattiesburg, johnny dupree. mayor, give us a sense of the situation and just how lucky you're hoping you are at this
he also served two tours with the u.s. marine corps in kuwait. he was 34 years old. he leaves behind a wife and two children, brianna. >> so sad, casey. you've been working this for days. we know you'll bring us details in the coming days as well as everyone wants to see how this is resolved and, of course, that dorner is caught. >>> coming up be we speak with the mayor of hattiesburg, mississippi. >>> yeah. oh, my god, i've never seen a tornado before in my life....
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Feb 10, 2013
02/13
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steven choi, fbi director bill lewis, u.s. marshal for the central district of california david singer, and also supervisor antonovich has joined us. i want to thank all the officers from across the region to answering the call of duty. every day i marvel and applaud their unwavering bravery. their dedication has been complimented by the vigilance of residents throughout this region. you've been on the lookout and shared your leads with law enforcement. we thank you for it. anyone with tips can call 213-486-5230. but i also want to remind everyone to continue to be alert as long as this man remains at large. if you see mr. dorner or even suspect that you see him, please do not engage him. he is considered armed and extremely dangerous. with your help, we can bring this tragedy to an end, and now i would like to introduce lapd chief charlie beck. >> i will give spanish remarks afterwards. >> good morning. and thanks for being here. as the mayor said, the search for dorner continues. we continue to focus on his last known locati
steven choi, fbi director bill lewis, u.s. marshal for the central district of california david singer, and also supervisor antonovich has joined us. i want to thank all the officers from across the region to answering the call of duty. every day i marvel and applaud their unwavering bravery. their dedication has been complimented by the vigilance of residents throughout this region. you've been on the lookout and shared your leads with law enforcement. we thank you for it. anyone with tips can...
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Feb 16, 2013
02/13
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from, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. to travel whenever you want. for over 75 years people ...with geico... ohhh...sorry!. director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voi
from, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so i used my citi thankyou card to pick up some accessories. a new...
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Feb 21, 2013
02/13
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robert reich is the former u.s. labor secretary to bill clinton and author of "beyond outrage," what's gone wrong with our economy and how to fix it and ari fleischer, former white house press secretary under george w. bush. all right, let's get some action here. robert, the white house responded to john boehner's challenge of saying, where are the cuts, with a blog post from dan pfeiffer who wrote, "the fact is, the president has a detailed balanced plan with spending cuts, he's willing to make tough choices. now it's time for the speaker to do the same." then he had a link to an 80-page proposal from september, including war savings, it includes tax reform, which of course they want. it doesn't fully lay it out by any stretch of the imagination. so jay carney was asked what specifically will the white house cut and here's what jay carney said. >> it's in the proposals he submitted to the speaker of the house that the speaker walked away from -- >> where does the president prevent sequestration from happening? shou
robert reich is the former u.s. labor secretary to bill clinton and author of "beyond outrage," what's gone wrong with our economy and how to fix it and ari fleischer, former white house press secretary under george w. bush. all right, let's get some action here. robert, the white house responded to john boehner's challenge of saying, where are the cuts, with a blog post from dan pfeiffer who wrote, "the fact is, the president has a detailed balanced plan with spending cuts, he's...
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Feb 10, 2013
02/13
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. >> you said any who is a u.s. citizen can buy one of these, correct? >> that's correct. >> so, of course, the concern is about abuse, just because you're not supposed to use it for that doesn't mean you aren't. you're selling it and you have -- >> no different than someone >>> after the newtown tragedy, arizona sheriff joe arpaio says he wants to send a, quote, armed posse, to protect local schools. steven seagal there on the left may be one of them. i'll explain why next. [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. every signature is unique, and every fingerprint unrepeatable. at sleep number, we recognize the incredible diversity of human beings, and know that up there with your social security number and your phone number is another important number. your sleep number. so we created the extraordinarily comfortable sleep number experience. it's a collection of innovations designed around a bed with dualair tech
. >> you said any who is a u.s. citizen can buy one of these, correct? >> that's correct. >> so, of course, the concern is about abuse, just because you're not supposed to use it for that doesn't mean you aren't. you're selling it and you have -- >> no different than someone >>> after the newtown tragedy, arizona sheriff joe arpaio says he wants to send a, quote, armed posse, to protect local schools. steven seagal there on the left may be one of them. i'll...
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Feb 11, 2013
02/13
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he also served two tours with the u.s. marine corps in kuwait. he was 34 years old, he leaves behind a wife and two children, brianna? >> that's so sad. you've been working this for days. we know you'll be bringing us details in the coming days. how this is resolved and of course that dorner is caught. >>> coming up, we'll speak with the mayor of hattiesburg, mississippi. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... managing wireless costs and technology and more time driving your business potential. looks like we're going to need to order more agaves... ah! oh! ow! ... and more bandages. that's powerful. shareable data plus unlimited talk and text. now save $50 on a droid razr maxx hd by motorola. i can't believe your mom let you take her car out.ck! this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster! no! stop...stop... (mom) i raised my son to be careful... hi, sweetie
he also served two tours with the u.s. marine corps in kuwait. he was 34 years old, he leaves behind a wife and two children, brianna? >> that's so sad. you've been working this for days. we know you'll be bringing us details in the coming days. how this is resolved and of course that dorner is caught. >>> coming up, we'll speak with the mayor of hattiesburg, mississippi. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua...
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Feb 18, 2013
02/13
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angeles police department, the irvine police department, riverside police department, the fbi, the u.s. marshalls service and other allied law enforcement agencies throughout southern california and throughout the region. >> reporter: day five, sunday, dorner remained on the loose. >> everyday that dorner is loose, the likelihood of an attack on either a uniformed police officer or a family of a police officer is likely. >> reporter: southern california remained gripped by fear and uncertainty. a home improvement store was evacuated in l.a. after the mere mention of a dorner sighting. the los angeles police were founding themselves spread too thin between the ongoing manhunt and extra security at the grammy awards. they announced that low priority radio calls might go unanswered. >> it was a tremendous strain on our resources. remember, we had to protect the 50 people that were targeted, protect their families as well. we were on a tactical alert for virtually most of that time. but i said to the chief, and we both agreed, don't spare any expense. >> the mayor turned to the citizens of
angeles police department, the irvine police department, riverside police department, the fbi, the u.s. marshalls service and other allied law enforcement agencies throughout southern california and throughout the region. >> reporter: day five, sunday, dorner remained on the loose. >> everyday that dorner is loose, the likelihood of an attack on either a uniformed police officer or a family of a police officer is likely. >> reporter: southern california remained gripped by...
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Feb 16, 2013
02/13
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change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. >>> the former lapd officer now has thousands of his brothers in blue chasing him. just who was christopher dorner? what lit the fuse to cause this explosive rampage. >> reporter: christopher dorner, target of the largest manhunt in lapd history. a vengeful ex-cop, highly trained marksman, armed and dangerous. turning against the very agency that defined him. >> he loved being a cop. he wanted to be a cop all his life. >> the chris corner that was terrorizing californi
change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. something this delicious could only come from...
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Feb 12, 2013
02/13
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michael dorner, the arrest warrant that the u.s. marshal's service released just a day or so ago, said that the authorities were tracking the movements of someone identified by the initials of j.y. he was a known associate of dorner and a family member of this j.y. owns residential property in the big bear area. and dorner's truck was found burning on thursday, right near that residential property. so, obviously, one of the areas of concerns here, for people coming down that mountain and for law enforcement, is making sure that no one who might have helped dorner gets off that mountain. one other point i want to make, we've shown the long, long lines of cars coming off of that mountain. earlier this afternoon, the mayor of big bear lakes, in an interview with wolf blitzer, said he didn't think that there was any way that dorner could escape, that he could get off of that mountain. and that long line of cars shows you why. once you get on highway 38 there, you can't do anything but go down or go up. that's what law enforcement has, a
michael dorner, the arrest warrant that the u.s. marshal's service released just a day or so ago, said that the authorities were tracking the movements of someone identified by the initials of j.y. he was a known associate of dorner and a family member of this j.y. owns residential property in the big bear area. and dorner's truck was found burning on thursday, right near that residential property. so, obviously, one of the areas of concerns here, for people coming down that mountain and for...
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Feb 10, 2013
02/13
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. >> you said any who is a u.s. citizen can buy one of these, correct? >> that's correct. >> so, of course, the concern is about abuse, just because you're not supposed to use it for that doesn't mean you aren't. you're selling it and you have -- >> there is no difference of someone parking a van and videotaping out the window. it is just another platform. >> after the newtown tragic, this man wants to send an armed ? yeah i got it right here. someone help me!!! i have a flat tire!!! well it's good... good for me. what do you think? geico. fifteen minutes could save you fifteen percent or more on car insurance. they're about 10 times softer and may have surface pores where bacteria can multiply. polident kills 99.99% of odor causing bacteria and helps dissolve stains. that's why i recommend polident. [ male announcer ] cleaner, fresher, brighter every day. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so y
. >> you said any who is a u.s. citizen can buy one of these, correct? >> that's correct. >> so, of course, the concern is about abuse, just because you're not supposed to use it for that doesn't mean you aren't. you're selling it and you have -- >> there is no difference of someone parking a van and videotaping out the window. it is just another platform. >> after the newtown tragic, this man wants to send an armed ? yeah i got it right here. someone help me!!! i...
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we know he was a u.s. reservist. me about what he did in the military. >> he did security for river patrols and he was a lieutenant and recalled the active duty about six years ago and spent about six months in bahrain doing security work there. he talks about the warfare and there is nothing in the record that indicates any sort of special operations training. in his manifesto, he does say i didn't need their honor, courage, and commitment, but i thank them for reinforcing it with me. >> what are about having multiple weapons at his disposal including assault rifles. how good of a shooter is he? >> good question. we have been checking sources here. there three levels of marksmanship. marksman, sharpshooter and the top level is expert. with the m-16 he is a marksman. good, but the lowest level. with the nine millimeter, he qualified as expert. the highest award a trailer can receive for weapons qualification. to gain that he would have gone through several courses of 5 both standing and kneeling both strong and weak
we know he was a u.s. reservist. me about what he did in the military. >> he did security for river patrols and he was a lieutenant and recalled the active duty about six years ago and spent about six months in bahrain doing security work there. he talks about the warfare and there is nothing in the record that indicates any sort of special operations training. in his manifesto, he does say i didn't need their honor, courage, and commitment, but i thank them for reinforcing it with me....
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Feb 10, 2013
02/13
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. >> you said any who is a u.s. citizen can buy one of these, correct? >> that's correct. >> so, of course, the concern is about abuse, just because you're not supposed to use it for that doesn't mean you aren't. you're selling it and you have someone parking a van at the corner of a street and videotaping out the window. this is another camera platform. >> interesting technology. >>> after the newtown tragedy, arizona sheriff joe arpaio says he wants to send a, quote, armed posse, to protect local schools. steven siegel there on the left may be one of them. i'll explain why next. hi. hi. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... managing wireless costs and technology and more time driving your business potential. looks like we're going to need to order more agaves... ah! oh! ow! ... and more bandages. that's powerful. shareable data plus unlimit
. >> you said any who is a u.s. citizen can buy one of these, correct? >> that's correct. >> so, of course, the concern is about abuse, just because you're not supposed to use it for that doesn't mean you aren't. you're selling it and you have someone parking a van at the corner of a street and videotaping out the window. this is another camera platform. >> interesting technology. >>> after the newtown tragedy, arizona sheriff joe arpaio says he wants to send a,...
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Feb 12, 2013
02/13
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the u.s. department of justice came in to reform the entire police department. >> lapd's relationship with the black community could only be described as a state of war. >> this woman sued the lapd representing hundreds of minority officers and helped change the department. today, minorities make up more than half of lapd's force and it has a new mindset. >> what do you think of the chief reopening the investigation? >> i think it was a tough decision made for the exact right reasons. the openly racist culture of lapd of 30 years ago is gone. >> rice is now the police chief's trusted adviser. she says dorner's beef with the lapd may well be real. but he remains a suspected killer. >> let's not merge the path with cadets. and let's separate out the possibility that mr. dorner has raised legitimate issues from the complete illegitimacy and obscenity of what he's done. >> the police chief says the reopening of the dorner firing investigation isn't to appease the fugitive but a way to continue to
the u.s. department of justice came in to reform the entire police department. >> lapd's relationship with the black community could only be described as a state of war. >> this woman sued the lapd representing hundreds of minority officers and helped change the department. today, minorities make up more than half of lapd's force and it has a new mindset. >> what do you think of the chief reopening the investigation? >> i think it was a tough decision made for the exact...
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they no longer have the benefit of the u.s. citizenship to protect them when they're an enemy combatant on foreign land, fighting the battle of the united states. so he was belligerent. in the al awlaki case, he's a belligerent to the united states. that's very different than having a united states citizen in the united states. they have the protections of the constitution here. >> all right. i want to ask you today, a big topic of conversation in washington, in the hearings you were in, and on the internet, this was, everyone was talking about the video that iran released. that it says is decoded footage from an american spy drone, that it claims to have downed more than a year ago. they broadcast this video in iran, they put it on youtube. john reid is the national security reporter for foreign policy. he says he analyzed the video, with he thinks it could be legitimate. do you think this is legitimate footage, because, obviously, this comes -- this is related to one of the most sophisticated piece of fighting technology amer
they no longer have the benefit of the u.s. citizenship to protect them when they're an enemy combatant on foreign land, fighting the battle of the united states. so he was belligerent. in the al awlaki case, he's a belligerent to the united states. that's very different than having a united states citizen in the united states. they have the protections of the constitution here. >> all right. i want to ask you today, a big topic of conversation in washington, in the hearings you were in,...
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Feb 11, 2013
02/13
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we'll take you to the funeral of the most lethal sniper in u.s. history, chris kyle, a man cut down, murdered at a gun range by a fellow veteran. ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesting? the lexus ct hybrid. this is the pursuit of perfection. yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. relieves nasal congestion. new griddle-melts to yourime usual breakfast sandwich. a lot more flavor. [ anouncer ] ihop's new griddle melts... made fresh and hot! hand crafted just for you. it's like a sexy sandwich. [ anouncer ] compare new griddle melts yourself. just $4.99. it's an epic breakfast sandwich. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we d
we'll take you to the funeral of the most lethal sniper in u.s. history, chris kyle, a man cut down, murdered at a gun range by a fellow veteran. ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesting? the lexus ct hybrid. this is the pursuit of perfection. yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal...
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the u.s. attorney's office in washington, d.c. has no comment. lawyers representing jackson are not returning calls from cnn. >>> jackson resigned from congress last year after taking an extended medical leave. >>> well, fired police officer accused of murder, staying one step ahead of the former comrades pursuing him. the search is back on for christopher dorner in the big bear lake area, east of los angeles. authorities are hoping surveillance video might help the search. it allegedly shows dorner tossing a magazine full of bullets and a military belt into a dumpster outside san diego. dorner has described himself as an enemy combatant. >>> the first lady joins mourners at the funeral of a chicago teen. hadiya pendelton was shot and killed days after she poermd at the presidential inauguration. her mother says no parent should go through what she is going through now. >>> and a sight millions in the northeast will not see this weekend. a mail truck. the postal service says it is suspending mail delivers in seven states because of this weekend's
the u.s. attorney's office in washington, d.c. has no comment. lawyers representing jackson are not returning calls from cnn. >>> jackson resigned from congress last year after taking an extended medical leave. >>> well, fired police officer accused of murder, staying one step ahead of the former comrades pursuing him. the search is back on for christopher dorner in the big bear lake area, east of los angeles. authorities are hoping surveillance video might help the search. it...
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the u.s. postal service®, no business too small. hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. nini had[ designer ]eelingat. enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events, including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start e
the u.s. postal service®, no business too small. hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. nini had[ designer ]eelingat. enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy...
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the u.s. postal service has given up, not sponsoring a cycling team. lance armstrong is facing a new bombshell, reports that federal investigators are building an active criminal case against him. a woman he tried to destroy during the doping scandal joins me next. and a man taking the same drugs lance armstrong is taking, you need to hear this report before you decide you want to take the drugs. hi. hi. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... managing wireless costs and technology and more time driving your business potential. looks like we're going to need to order more agaves... ah! oh! ow! ... and more bandages. that's powerful. shareable data plus unlimited talk and text. now save $50 on a droid razr maxx hd by motorola. meet the 5-passenger ford c-max hybrid. when you're carryi
the u.s. postal service has given up, not sponsoring a cycling team. lance armstrong is facing a new bombshell, reports that federal investigators are building an active criminal case against him. a woman he tried to destroy during the doping scandal joins me next. and a man taking the same drugs lance armstrong is taking, you need to hear this report before you decide you want to take the drugs. hi. hi. i'm here to pick up some cacti. it should be under stephens. the verizon share everything...
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Feb 23, 2013
02/13
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you see, when he won all the tour de france titles he was riding for the u.s. postal service team, and the team was partially funded with money from the federal government. now the government wants some of that money back. joining me on the phone to talk about armstrong and his lawsuit is dave shields. he writes about cycling, has been helping us make sense of this armstrong story from the very beginning. dave, good to have you. the first question here is, you know, it's sad to say that people get over on the federal government all the time. why did the department of justice decide to join this lawsuit? was it public pressure? >> i'm not sure that it is public pressure. it was -- i think that on the part of the government, it might be a perception that it would be well-received, and it doesn't seem to be going over that way. a lot of people seem to be thinking just like you're implying. that -- wow. lance has got his share of trouble, and it doesn't seem to stop. >> you're a cycling insider. tell us what the insiders think. where should this end or should they
you see, when he won all the tour de france titles he was riding for the u.s. postal service team, and the team was partially funded with money from the federal government. now the government wants some of that money back. joining me on the phone to talk about armstrong and his lawsuit is dave shields. he writes about cycling, has been helping us make sense of this armstrong story from the very beginning. dave, good to have you. the first question here is, you know, it's sad to say that people...
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. >>> air traffic and even the u.s. postal service frozen to a hal halt by the big blizzard. cities buried under several feet of snow. and people getting ready to spend another cold night without power. we have the latest developments, next. ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. i hate mondays. yeah, they're the worst. [ caribbean accent ] no worries, mon. every-ting will be alright. [ chuckles ] yeah, mon. come on! don't fret, me brotha. sticky bun come soon. ♪ yeah, wicked coffee, mista jim! julia, turn da frown de other way around! hey, dave, you're from minnesota, right? yes, i! da land of ten thousand lakes. the gopher state! so in conclusion, things are pretty dismal... you know what this room needs? a smile. who want to come with i? [ jimmy cliff's "c'mon, get happy" plays ] ♪ you guys are three minutes late. [ caribbean accent ] don't be no cloud on a sunn
. >>> air traffic and even the u.s. postal service frozen to a hal halt by the big blizzard. cities buried under several feet of snow. and people getting ready to spend another cold night without power. we have the latest developments, next. ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or...
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Feb 12, 2013
02/13
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we're getting this information from the u.s. geological survey which reported a seismic disturbance in north korea. the seismic event was centered near the side of pyeoongyangpyoo previous tests. officials have confirmed seismic activity in north korea. south korea says it detected what it called an artificial earthquake north of its border. the tremor, though, was different from what you might consider to be a normal earthquake. no further information at this stage is known. there's no official confirmation coming from anyone, least of all from pyongyang. north korea as we've been telling you, widely expecting to carry out this nuclear test any day now. pyongyang is expecting to stage a high intensity -- we have anna koran standing by in seoul, south korea, we also have alex in tokyo. let's go to anna koran, who is in seoul for us right now. anna, you're on military maneuvers just a few days ago, with the south koreans and u.s. military there. there is a great deal of preparation in south korea for this event. essentially, give
we're getting this information from the u.s. geological survey which reported a seismic disturbance in north korea. the seismic event was centered near the side of pyeoongyangpyoo previous tests. officials have confirmed seismic activity in north korea. south korea says it detected what it called an artificial earthquake north of its border. the tremor, though, was different from what you might consider to be a normal earthquake. no further information at this stage is known. there's no...
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Feb 10, 2013
02/13
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festivities took place in the u.s. and around the world. >>> it's called the biggest night in music industry. we're talking about tonight and talking about the grammys in los angeles. nichelle turner says she's seeing tighter security because of that manhunt. >>> while the mayor of los angeles is making sure the grammys are safe and secure, he's also vowing to find a dangerous ex-cop. that's christopher dorner. a $1 million reward now on the table. let's go straight out to casey wian in los angeles. a record reward now being offered here, right? >> reporter: that's right. and lapd chief charlie beck said, martin, it was remarkably easy to raise the money for that million-dollar reward. the mayor of los angeles saying the money came from corporations, charitable organizations, law enforcement groups, the city, lots of people banding together, showing just how important this effort is to the city of los angeles. here's what the police chief and the mayor had to say at that news conference. >> this is an act, and make no
festivities took place in the u.s. and around the world. >>> it's called the biggest night in music industry. we're talking about tonight and talking about the grammys in los angeles. nichelle turner says she's seeing tighter security because of that manhunt. >>> while the mayor of los angeles is making sure the grammys are safe and secure, he's also vowing to find a dangerous ex-cop. that's christopher dorner. a $1 million reward now on the table. let's go straight out to...
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Feb 17, 2013
02/13
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we got news of the airline merger between american and u.s. air. do these usually work out or passengers simply going to have to cough up more money now that there are fewer choices? >> well, the mergers have often worked out for the air lines, if you look at the latest few mergers. it was about three, four five years ago, dealt fa merged with northwest, worked quite well and took out a lot of costs, helpful in keeping fares down. oil prices, whenever they go up, will make things worse around seen the united/continental merger, the similar kind of story. airlines go through mergers there is bumpy roadses as the two organizations come together and that means there can be service problems. each of the airlines that have gone through the major merge are doing that and seeing the bumpy problems and pretty much come out. what will happen over time is the airline costs will go down but they will get a little bit more pricing power. so the reality is for a lot of people, you know, if you buy your tickets now, you're probably going to be in a better positi
we got news of the airline merger between american and u.s. air. do these usually work out or passengers simply going to have to cough up more money now that there are fewer choices? >> well, the mergers have often worked out for the air lines, if you look at the latest few mergers. it was about three, four five years ago, dealt fa merged with northwest, worked quite well and took out a lot of costs, helpful in keeping fares down. oil prices, whenever they go up, will make things worse...
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Feb 22, 2013
02/13
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the u.s. postal service team, and then he comes out with this confession, et cetera, and now this pursuit by the justice department. >> reporter: several years ago that former teammate, floyd landis, in a whistleblower lawsuit filed against lang armstrong and his sports teams and various associates, that was filed a couple of years ago. now lance armstrong's lawyers tell us they have been notified by the department of justice and told that the justice department is joining in on that lawsuit. this is interesting because about a year ago the justice department failed or decided not to pursue any criminal charges against lance armstrong, had given that up before the u.s. anti-doping agency put out its report which led to lance armstrong confessing in that televised interview back in january that, indeed, he had used performance enhancing drugs throughout his cycling career and winning those seven tour de france titles. now this is a move that could cost lance armstrong tens of millions of dollar
the u.s. postal service team, and then he comes out with this confession, et cetera, and now this pursuit by the justice department. >> reporter: several years ago that former teammate, floyd landis, in a whistleblower lawsuit filed against lang armstrong and his sports teams and various associates, that was filed a couple of years ago. now lance armstrong's lawyers tell us they have been notified by the department of justice and told that the justice department is joining in on that...
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the u.s. attorney's office in washington had no comment when asked earlier. >>> back to the special coverage of the blizzard and the urgent manhunt in california here in just a moment. other news developing right now. roll it. >>> actor hugh grant among those receiving phone hacking settlements today from rupert murdoch's company. news international settled 144 lawsuits, seven other cases will go to trial. lawyers said grant received, quote/unquote, substantial damages. the suit stemmed from that widespread scandal involving the hacking of celebrities and politicians and others by murdoch tabloids. >>> private e-mails and photographs belonging to not just one but two american presidents hacked and published online for the world to see. the secret service is investigating the hacking and publication of the correspondence. the accounts held private e-mails of the bush family including former presidents george h.w. and george w. bush. >>> and perhaps somewhere beyonce is saying, i told you so. he
the u.s. attorney's office in washington had no comment when asked earlier. >>> back to the special coverage of the blizzard and the urgent manhunt in california here in just a moment. other news developing right now. roll it. >>> actor hugh grant among those receiving phone hacking settlements today from rupert murdoch's company. news international settled 144 lawsuits, seven other cases will go to trial. lawyers said grant received, quote/unquote, substantial damages. the...
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the u.s. justice department you may remember spent years investigating armstrong for drug distribution, fraud and conspiracy. but then a year ago it closed the case without much of an explanation. it surprised a lot of people at the time. even some of those involved in the investigation because many were convinced that they had the goods on armstrong. many thought armstrong's admission that he doped during his prime years of cycling might lead to new criminal charges. he's denied doping for years, even under oath. we now know that the federal investigation never ended or it's been restarted. the big question tonight is, could lance armstrong actually go to jail? betsy andreu is with us tonight. her husband was a teammate of lance armstrong. they testified in the trial. jeffy tubin also joins me. you heard him say he wants to cooperate with the investigation. they're giving him more time. what do you make of that? >> i think it's a good thing. it's about time that lance came forward. i think he
the u.s. justice department you may remember spent years investigating armstrong for drug distribution, fraud and conspiracy. but then a year ago it closed the case without much of an explanation. it surprised a lot of people at the time. even some of those involved in the investigation because many were convinced that they had the goods on armstrong. many thought armstrong's admission that he doped during his prime years of cycling might lead to new criminal charges. he's denied doping for...
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Feb 14, 2013
02/13
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they no longer have the benefit of u.s. citizenship to protect them when they're on foreign land fighting the battle of the united states. >> earlier, i spoke with rand paul of kentucky and asked him if he thinks he is wrong. >> well, he didn't say no. what i want to hear from john brennan before i agree to let his nomination go forward, that no cia or the department of defense cannot kill someone in america without you know, any kind of judicial proceeding. senator widen asked this, can you kill an american on american soil with a drone without a judicial hearing and brennan didn't answer the question. so, we've asked it in writing. my understanding is senator wyden has answered in writing. so if you're not going to answer no, i think that means you're telling us yes, you believe that the president has the power to kill an american in america. that is appalling. i think even overseas that if there is someone who's not in the middle of firing a gun or grenade launcher, that they really should be tried for treason if they're
they no longer have the benefit of u.s. citizenship to protect them when they're on foreign land fighting the battle of the united states. >> earlier, i spoke with rand paul of kentucky and asked him if he thinks he is wrong. >> well, he didn't say no. what i want to hear from john brennan before i agree to let his nomination go forward, that no cia or the department of defense cannot kill someone in america without you know, any kind of judicial proceeding. senator widen asked...
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Feb 22, 2013
02/13
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public records show ceos of top billing hospitals across the u.s. can garner salaries, deferred compensation and other revenues that rival ceos of major for-profit businesses. take a look at this list put together by a health care journal's review of 2010 and 2011 tax filings, which showed ceos of top grossing nonprofit hospitals making multimillion dollar figures. watch as the numbers get bigger. the top salary paid in 2010? dean harrison, chief administrator of the prestigious northwestern memorial hospital in chicago. his salary and one-time bonus earned him a whopping 9$9.7 million. when we asked about the high salaries and high hospital bills, the american hospital association sent to us taylor, michigan and to malcon henoch at oakwood health care system. even he didn't want to talk about hospital health care executive salaries. he was willing to discuss hospital billing. here the hospital says it tries to work with patients, to understand their bills. >> the information we provide is not perfect. it doesn't disclose everything. and it's not fo
public records show ceos of top billing hospitals across the u.s. can garner salaries, deferred compensation and other revenues that rival ceos of major for-profit businesses. take a look at this list put together by a health care journal's review of 2010 and 2011 tax filings, which showed ceos of top grossing nonprofit hospitals making multimillion dollar figures. watch as the numbers get bigger. the top salary paid in 2010? dean harrison, chief administrator of the prestigious northwestern...
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Feb 17, 2013
02/13
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organizers claim it's the biggest rally of its kind ever in the u.s. chris lawrence is in the thick of it and chris, describe, tell us what you're seeing there. >> reporter: loud, crowded, very excited, those are the first words that come to mind, deb. they're calling this one of f not the largest climate rally in the nation's history. the organizers say they've got about 40,000 or more people here. the march just started a few minutes ago from the national mall at the washington monument. they are marching by the white house, trying to take their message to president obama and to some of the legislators here, and we've been talking to a lot of the marchers who have been here, excuse me, ma'am. >> yes? >> reporter: what brought you out here today on this march? >> right here, this is my little grandson, and i want a better world for him. i don't want a climate that's changing, creating all sorts of havoc as far as weather, droughts, floods, wars, that's what we mean. >> reporter: what is your message to president obama on expanding the keystone pipelin
organizers claim it's the biggest rally of its kind ever in the u.s. chris lawrence is in the thick of it and chris, describe, tell us what you're seeing there. >> reporter: loud, crowded, very excited, those are the first words that come to mind, deb. they're calling this one of f not the largest climate rally in the nation's history. the organizers say they've got about 40,000 or more people here. the march just started a few minutes ago from the national mall at the washington...
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Feb 10, 2013
02/13
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the attack so fierce, in the end more than half of the 53 u.s. troops at the outpost were were killed or wounded. but as buildings burned and the enemy ran freely through the outpost, soldiers became heros. one in particular. >> i know that there are so many great soldiers out there that would have stepped into my shoes and done the same thing. >> reporter: former staff sergeant clint romesha is a reluctant hero. that day he helped plan the recapture of keating and led troops in repelling the onslaught of taliban fighters during a grueling day-long battle. next week, romesha will receive the medal of honor, highest award for combat bravery, becoming just the fourth living recipient among those who have served in afghanistan and iraq. chris jones was a young private under romesha's command when the taliban struck. >> he is in my opinion the only reason we came back that day. >> you led them into places where your fellow soldiers had already been killed. that's why you're getting this medal. others have died in the place that you ran into. you were
the attack so fierce, in the end more than half of the 53 u.s. troops at the outpost were were killed or wounded. but as buildings burned and the enemy ran freely through the outpost, soldiers became heros. one in particular. >> i know that there are so many great soldiers out there that would have stepped into my shoes and done the same thing. >> reporter: former staff sergeant clint romesha is a reluctant hero. that day he helped plan the recapture of keating and led troops in...
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Feb 22, 2013
02/13
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so it moves them one step closer. >> the u.s. and five other countries will offer this list of incentives to iran to get to do some things in return for others. walk us through and tell us how it's different than what was offered last year, which was pretty similar stuff. >> well, last year they offered iran small easing in sanctions in exchange, aviation, spare parts, for instance, cooperation on peaceful nuclear activities in exchange for them shipping out some of their nuclear stockpile and suspending enrichment. now we're talking about an underground facility where they're producing the most alarming uranium at 20%. so in exchange now on gold and precious metals, which is a little bit better for iran because it can use this for bartering, there's intense sanctions on them right now, in can change for that they want them to close this facility and also ship out its stockpile of 20%. this isn't even what we're talking about today, this other plant has only 3%. so no one is talking about canceling the talks because this 20% is r
so it moves them one step closer. >> the u.s. and five other countries will offer this list of incentives to iran to get to do some things in return for others. walk us through and tell us how it's different than what was offered last year, which was pretty similar stuff. >> well, last year they offered iran small easing in sanctions in exchange, aviation, spare parts, for instance, cooperation on peaceful nuclear activities in exchange for them shipping out some of their nuclear...